Voilà, j'ai créé mon compte IB il y a de cela 2 semaines et j'ai eu la mauvaise surprise suivante lors de mon premier trade :
"Contract is not available for trading" => Le contrat n’est pas disponible pour la négociation
Les ETP qui m'intéressent et qui sont concernés sont les suivants : QQQ / TLT / TQQQ / TMF / ZROZ.
Vous trouverez ci-dessous la réponse de IB a ma question,, il s'agirait de restrictions des régulateurs européens. Je suis d'autant plus étonné de la réponse, que des acteurs bien moins prestigieux, tel que DEGIRO, proposent les ETF QQQ / TLT librement.
A titre informatif, avez-vous accès à ces supports sur votre compte IB? Je m'interroges si une configuration de compte pourrais être à l'origine du problème.
Vous trouverez ci-dessous les échanges par mail.
Encore merci pour votre aide.
alex76370 2020/05/08 09:03:43
hi dear, sorry if my english is not perfect, i have created my account their are about two weeks, when I try to trade american ETP(s) like "QQQ/TQQQ/TLT/TMF/AMT", i receiv the message : "Contract is not available for trading". My question is, how i can have access to those ETP and more largely to americans ETN? merci you
IBCS 2020/05/08 14:10:46
Dear Mr. Chevalier,
Thank you for contacting Interactive Brokers’ client services team.
Opening orders from retail investors residing in the European Economic Area (EEA) who attempt to enter an opening order that are associated with a product that does not comply with the EU's Packaged Retail and Insurance-based Investment Product Regulation (PRIIPS) will be rejected. The regulation is intended to enhance understanding of these products through the provision of disclosure documentation. This documentation is referred to as the Key Information Document (or "KID") which. The KID provides information such as product description, costs, risks & performance.
In terms of opening new positions - we do not have a timeframe as to when (or if) these will be updated or tradable again. You should be able to close any open position, including any ETF, through your trading software.
The products that this applies to have returns associated with a reference value and include derivatives (options and futures), ETFs, ETNs, funds and certain debt instruments. It does not apply to stock, FX and standard bonds.
Orders will be rejected if the manufacturer, or issuer, of the product has decided not to provide the KID required to distribute the product to EEA retail residents.
Note that this restriction does not apply to existing positions subject to the KID requirement that you are attempting to close. For more information about these restrictions please reference the IB knowledge base article entitled, "PRIIPs Regulation” at LINK../2993
Although you may not be able to open a new position in that ETF symbol due to the European Economic Area regulations but you can still click on Close or use the to right-click Close button on any position in the TWS/Mosaic/Web Trader/IBKR Mobile to close an open position. If you are still unable to close an open position through the trading software, you can call the IB Trade Desk and they can place a closing marketable order.
Europe 00800-42-276537 Toll free
+41-41-726-9500 Direct dial
+44 207-710-5695 Direct dial United Kingdom
02:00 - 11:00 (Mon - Fri) (America/Chicago)
United States:
1 (877) 442-2757 Toll free
1 (312) 542-6901 Direct dial
08:00 - 20:00 (Mon - Fri) (America/New York)
13:00 - 19:00 (Sun) (America/New York)
Under the Markets in Financial Instruments Directive (MiFID) we may treat you as an Elective Professional Client if, after our assessment of your expertise, experience and knowledge, we are reasonably assured that, in light of the nature of the transactions or services envisaged, you are capable of making your investment decisions and understanding the risks involved. This is the Qualitative test.
In making our assessment we may rely on information we already possess about you and/or request additional information from you to discuss your investment experience. In addition to this qualitative test you must satisfy at least 2 of the following 3 criteria:
1) You have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous 4 quarters.
2) The size of your financial instrument portfolio, defined as cash deposits and financial instruments, exceeds 500,000 EUR.
3) You work or have worked in the financial sector for at least one year in a professional position which requires knowledge of the transactions or services envisaged.
If you believe that you would qualify as a professional then you can request to be re-categorized as a Professional Client in Account Management under Settings > Account Settings > MiFID Client Category.
Please refer to the following link for more information on MiFID categorization:
LINK../3298
Please let me know in case you need further assistance.
Regards,
Sweta S
IBKR Client Services
"Contract is not available for trading" => Le contrat n’est pas disponible pour la négociation
Les ETP qui m'intéressent et qui sont concernés sont les suivants : QQQ / TLT / TQQQ / TMF / ZROZ.
Vous trouverez ci-dessous la réponse de IB a ma question,, il s'agirait de restrictions des régulateurs européens. Je suis d'autant plus étonné de la réponse, que des acteurs bien moins prestigieux, tel que DEGIRO, proposent les ETF QQQ / TLT librement.
A titre informatif, avez-vous accès à ces supports sur votre compte IB? Je m'interroges si une configuration de compte pourrais être à l'origine du problème.
Vous trouverez ci-dessous les échanges par mail.
Encore merci pour votre aide.
alex76370 2020/05/08 09:03:43
hi dear, sorry if my english is not perfect, i have created my account their are about two weeks, when I try to trade american ETP(s) like "QQQ/TQQQ/TLT/TMF/AMT", i receiv the message : "Contract is not available for trading". My question is, how i can have access to those ETP and more largely to americans ETN? merci you
IBCS 2020/05/08 14:10:46
Dear Mr. Chevalier,
Thank you for contacting Interactive Brokers’ client services team.
Opening orders from retail investors residing in the European Economic Area (EEA) who attempt to enter an opening order that are associated with a product that does not comply with the EU's Packaged Retail and Insurance-based Investment Product Regulation (PRIIPS) will be rejected. The regulation is intended to enhance understanding of these products through the provision of disclosure documentation. This documentation is referred to as the Key Information Document (or "KID") which. The KID provides information such as product description, costs, risks & performance.
In terms of opening new positions - we do not have a timeframe as to when (or if) these will be updated or tradable again. You should be able to close any open position, including any ETF, through your trading software.
The products that this applies to have returns associated with a reference value and include derivatives (options and futures), ETFs, ETNs, funds and certain debt instruments. It does not apply to stock, FX and standard bonds.
Orders will be rejected if the manufacturer, or issuer, of the product has decided not to provide the KID required to distribute the product to EEA retail residents.
Note that this restriction does not apply to existing positions subject to the KID requirement that you are attempting to close. For more information about these restrictions please reference the IB knowledge base article entitled, "PRIIPs Regulation” at LINK../2993
Although you may not be able to open a new position in that ETF symbol due to the European Economic Area regulations but you can still click on Close or use the to right-click Close button on any position in the TWS/Mosaic/Web Trader/IBKR Mobile to close an open position. If you are still unable to close an open position through the trading software, you can call the IB Trade Desk and they can place a closing marketable order.
Europe 00800-42-276537 Toll free
+41-41-726-9500 Direct dial
+44 207-710-5695 Direct dial United Kingdom
02:00 - 11:00 (Mon - Fri) (America/Chicago)
United States:
1 (877) 442-2757 Toll free
1 (312) 542-6901 Direct dial
08:00 - 20:00 (Mon - Fri) (America/New York)
13:00 - 19:00 (Sun) (America/New York)
Under the Markets in Financial Instruments Directive (MiFID) we may treat you as an Elective Professional Client if, after our assessment of your expertise, experience and knowledge, we are reasonably assured that, in light of the nature of the transactions or services envisaged, you are capable of making your investment decisions and understanding the risks involved. This is the Qualitative test.
In making our assessment we may rely on information we already possess about you and/or request additional information from you to discuss your investment experience. In addition to this qualitative test you must satisfy at least 2 of the following 3 criteria:
1) You have carried out transactions, in significant size, on the relevant market at an average frequency of 10 per quarter over the previous 4 quarters.
2) The size of your financial instrument portfolio, defined as cash deposits and financial instruments, exceeds 500,000 EUR.
3) You work or have worked in the financial sector for at least one year in a professional position which requires knowledge of the transactions or services envisaged.
If you believe that you would qualify as a professional then you can request to be re-categorized as a Professional Client in Account Management under Settings > Account Settings > MiFID Client Category.
Please refer to the following link for more information on MiFID categorization:
LINK../3298
Please let me know in case you need further assistance.
Regards,
Sweta S
IBKR Client Services
